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Oct 5, 2012
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i know you favor all sort of energy, solar, fantastic. what do you say about the 4 million? >> actually, a say that we need to create more jobs across the board and particularly, highly skilled people to work in the refinery and production areas where we're finding more energy and we have to have a balance, so i'm totally for that. i encourage more a perennisship programs and training in that area. we have a high need for welders and people working in refineries and i'm all for paying for those jobs and looking at other alternative forms of energy and we have to have a balance of both. >> the unemployment rate falling below 8% for the first time since january 2009 and i'm sure the labor department was hearing about that this morning. at the same time, can you tell the american people that this 7.8 number marks the turnaround that we have seen the worse when it comes to the labor market. i would say we still have a ways to go and we have it well below 12 million and we have to continue on the path that the president has taken us down and this is in spite of the resistance of
i know you favor all sort of energy, solar, fantastic. what do you say about the 4 million? >> actually, a say that we need to create more jobs across the board and particularly, highly skilled people to work in the refinery and production areas where we're finding more energy and we have to have a balance, so i'm totally for that. i encourage more a perennisship programs and training in that area. we have a high need for welders and people working in refineries and i'm all for paying for...
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Oct 10, 2012
10/12
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we are seeing weak innocence energy. oil prices are higher but we have weakness in the energy shares down by 0.9%. probably pressured by the chevron warning that came out yesterday after the bell. >> let's get to the road map for the next hour. is the consumer back on top and here to stay? costco beating the street's estimates as fourth quarter earnings up 27% on some higher membership fees while yum! brands brushes off some of the china fears. >> walmart going straight for amazon's jugular in time for the holiday season. it will launch same-day delivery for goods purchased online so as the rivalry grows, who will come out on top? >> toyota recalling nearly 7.5 million vehicles around the world. u.s., japan, europe and else where, on the basis of a faulty power window switch, so as toyota's turn-around story, is it now in jeopardy? >>> first back to the consumer rebound and a big earnings within the space. costco trading higher after fourth quarter earnings beat estimates. brian nagel and michael yoshika any, founder and
we are seeing weak innocence energy. oil prices are higher but we have weakness in the energy shares down by 0.9%. probably pressured by the chevron warning that came out yesterday after the bell. >> let's get to the road map for the next hour. is the consumer back on top and here to stay? costco beating the street's estimates as fourth quarter earnings up 27% on some higher membership fees while yum! brands brushes off some of the china fears. >> walmart going straight for amazon's...
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Oct 3, 2012
10/12
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prices and energy really is the story in the commodities market today. look at the $3 slide in crude oil and a lot has to do with the demand outlook. traders are focused on what is coming out of asia. news about china's pmi services data was weak then expected, but really it's what the asian development bank had to say about emerging asian nations and the gdp growth forecast that they have for them. they rationed down their expectations for 2012 and 2013. this is supposed to be the engine of growth, the engine of demand for crude oil and for other industrial commodities. if it's not there, what's going to happen, we'll see perhaps an even further slide here in oil prices. we also got data from the u.s. energy department and that also was a bit of a surprise in terms of the supply side. but in terms of demand, continuing to see anemic demand in terms of gasoline demand, down 2.5% versus a year ago. and this is already as we're getting the slide to the winter grade of gasoline. so since that rollover, we have seen a steady slide in gasoline futures. the on
prices and energy really is the story in the commodities market today. look at the $3 slide in crude oil and a lot has to do with the demand outlook. traders are focused on what is coming out of asia. news about china's pmi services data was weak then expected, but really it's what the asian development bank had to say about emerging asian nations and the gdp growth forecast that they have for them. they rationed down their expectations for 2012 and 2013. this is supposed to be the engine of...
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Oct 4, 2012
10/12
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that cheap energy? we can bring back a lot of manufacturing and industry. >> and keep the price of heating your home up. >> yeah. and for the people, the people who are going to cast their votes each november, they don't want high energy prices. >> we've got to leave it there. thanks so much. this is it from me. i'll see you tomorrow. >> thank you very much. >>> up ahead, we're a particularly bullish america. that's from arme sorenson. we have an exclusive interview in the next hour of "squawk on the street". facebook has reached 1 million active owners. "today's" host matt lauer had a chance to interview mark zuckerberg. here's a look at the interview. >> they say this is not only the visionary and the technical guy, this is the ceo. i was reading the article. they said this is like the guy who's learning as he goes. it's like you're learning how to fly and they're in the cockpit. how do you feel about that? >> i take the responsibility extremely seriously. and our responsibility as a company is just t
that cheap energy? we can bring back a lot of manufacturing and industry. >> and keep the price of heating your home up. >> yeah. and for the people, the people who are going to cast their votes each november, they don't want high energy prices. >> we've got to leave it there. thanks so much. this is it from me. i'll see you tomorrow. >> thank you very much. >>> up ahead, we're a particularly bullish america. that's from arme sorenson. we have an exclusive...
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Oct 8, 2012
10/12
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that continues to worry traders about energy demand. and on the flip side, we have the syria/turkey tensions continuing to support the market. you can see that better in the brent crude market which didn't falter much in the past week where nymex futures, wti futures falling sharply, down about 2% last week. three weeks in a row, lower prices. still at the lower end of the $88 to $92 range we've been stuck in. but the real story is what's going on in california. california, big part of the reason that we saw the spike-up in gas futures last week. and now that governor jerry brown has now said that we are not going to -- that we are going to be to have winter grade gasoline for the wholesale market, that is supposed to boost supplies, drive down prices. we've seen it in the wholesale level. and we've already seen a little bit of a weakening here in the arbob market as well. prices will start to trickle down. jane wells all over that story. we'll have much more coming up. back to you. >> thank you, sharon. >>> big week for the marriage ba
that continues to worry traders about energy demand. and on the flip side, we have the syria/turkey tensions continuing to support the market. you can see that better in the brent crude market which didn't falter much in the past week where nymex futures, wti futures falling sharply, down about 2% last week. three weeks in a row, lower prices. still at the lower end of the $88 to $92 range we've been stuck in. but the real story is what's going on in california. california, big part of the...
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Oct 2, 2012
10/12
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let's check out the latest news in energy. let's go to sharon with the latest. >> oil prices are unchanged on either side of positive and negative territory here for wti prices as traders digest the data on manufacturing. from china yesterday not so great. u.s. manufacturing data a little bit better. then we have to wait and see what the supply data will hold from the energy department when they report tomorrow and in the american patrols tonight. in terms of natural gas, we saw natural gas rise above the 3.50 level, but fdr capital mark says look for nat gas to get to $4.50 in to 13. they expect that to be the price to incentivize drilling and because of the supply and demand fundamentals. in terms of what we are seeing for the gold price, we are looking at a little bit of a pull-back and profit taking and consolidation after hitting a new high there for the year of 1794 in the previous session. central banks will be the key focus. back to you. >>> sharon epperson there. we are talking off camera about bill actman's appearanc
let's check out the latest news in energy. let's go to sharon with the latest. >> oil prices are unchanged on either side of positive and negative territory here for wti prices as traders digest the data on manufacturing. from china yesterday not so great. u.s. manufacturing data a little bit better. then we have to wait and see what the supply data will hold from the energy department when they report tomorrow and in the american patrols tonight. in terms of natural gas, we saw natural...